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Jan 17, 2013
01/13
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and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those actio
and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787...
SFGTV2: San Francisco Government Television
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Jan 21, 2013
01/13
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SFGTV2
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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section one fifty two we're spending about twenty eight billion dollars a year because right now on tax code illegal alien who gets a taxpayer identification number and files a tax return to claim dependence in mexico we're being raked over the coals and this is going to do nothing for creating jobs i wish the president would take his head out of the clouds and come down and give a damn about the american david are you serious that have somebody to clear declared a dependent in mexico and they get audited by the i.r.s. the i.r.s. . section one fifty two of the internal revenue code allows the deduction of dependents in the two contiguous nations mexico and canada however in mexico you don't have to proffer the same documentation because the theory is many of these families living rural areas and they may not have the documentation that we would. receive is so that's a fact isn't the solution to this to turn these people into citizens. why do we have in front of us right now is the possibility unheard of republicans and democrats working together to make sure people who are here are undo
section one fifty two we're spending about twenty eight billion dollars a year because right now on tax code illegal alien who gets a taxpayer identification number and files a tax return to claim dependence in mexico we're being raked over the coals and this is going to do nothing for creating jobs i wish the president would take his head out of the clouds and come down and give a damn about the american david are you serious that have somebody to clear declared a dependent in mexico and they...
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Jan 13, 2013
01/13
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CSPAN
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eye 201
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i talked about taxes. we need to talk about issues like potency and consumer protection, what to do about young people. all these specifics are the product of a debate that's going on with the governor's task force a lot of good people from different parties. we can wait for the feds or stand up and do what we do which is run of our lives and we're going to do as much of it as we possibly can and we'll see what happens with that but states and federalism really could gain. federal law enforcement, my friends i serve with you. you win. you absolutely win. you're more important than ever because regardless of how this marijuana discussion goes, we have tremendous drug issues that will come with it. there will be a black market. my friends from the d.e.a. are going to have to take on that challenge as they do so effectively today not just here but aren't the world. look at mexico, they're having a discussion on marijuana decriminalization much less popular in polls in mexico than it is in the united states bu
i talked about taxes. we need to talk about issues like potency and consumer protection, what to do about young people. all these specifics are the product of a debate that's going on with the governor's task force a lot of good people from different parties. we can wait for the feds or stand up and do what we do which is run of our lives and we're going to do as much of it as we possibly can and we'll see what happens with that but states and federalism really could gain. federal law...
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Jan 13, 2013
01/13
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CSPAN2
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and i understand that you too are having problems with paying your taxes. and he goes on to list in a quite voice of these things amount to say he's maybe himself the center of corruption. [inaudible] there was nervous laughter in the room. everybody knew in moscow by the next day that he was in trouble. so that really is what it comes down to. he defied the man and so as long as the man is there, it's hard to -- [inaudible] we're hearing now vibrations to the effect that they let him out early. thane, thank you for your passionate and suck -- here in the country whatever we talk about new exploration we're talking about environmental implications and we hear about disasters here. we don't really hear much about them in russia and i'm sure they exist and can be massive. i was wondering for you could talk about that. here we come to the guilty part. because i was conscious as everyone else that we are in a sense too clever for our own good. by the way one of the unfortunate consequences is the bo man stay that we -- that we have -- that we have harvesting no
and i understand that you too are having problems with paying your taxes. and he goes on to list in a quite voice of these things amount to say he's maybe himself the center of corruption. [inaudible] there was nervous laughter in the room. everybody knew in moscow by the next day that he was in trouble. so that really is what it comes down to. he defied the man and so as long as the man is there, it's hard to -- [inaudible] we're hearing now vibrations to the effect that they let him out...
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yes i remember the one well the rich are all of the poor pay taxes. yeah here's my. history have history agree. that. the future is that the rich have never had to pay taxes. by a large. target of loopholes whatever. do you have time to get around that yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are generating a large amount of income are also using a lot of the commons these are more the court systems to enforce their contracts so using more of our federally protected banking systems and our our currency systems because they've got more of that stuff there they're using more of the commons and therefore they should be paying more for their share of the commons i also think that progressive taxation is a healthy thing because it establishes a a more equal society more egalitarian society and what we find is that the more unequal a society is the more violent
yes i remember the one well the rich are all of the poor pay taxes. yeah here's my. history have history agree. that. the future is that the rich have never had to pay taxes. by a large. target of loopholes whatever. do you have time to get around that yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are...
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Jan 14, 2013
01/13
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CNBC
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but this is a weird one because this tax works the opposite of many other taxes in that it only taxes you up to $113,000 of income. above that, you don't have to pay the social security piece of the fica tax. it hits those people at the bottom on a percentage basis more than other taxes do. that's why people are having a little bit after head scratcher here, trying to figure out what the impact is, sue. >> yeah, eamon, no one is happy about it. and jane has that story live for from burbank, jane? >> reporter: hi, sue. in california, it is a double-whammy. not only are people seeing higher taxes but in california there are is a higher sales tax twb there is higher federal income tax and state as well. but this is l.a., a blue city and blue state and people are used to ponying up. >> have you gotten paid yet this month. >> reporter: yes, i have. >> did you notice your paycheck was smaller? >> i did. >> reporter: how did you feel about that? >> on one hand, we know why it is being done in the sense that we need to find a way of getting the deficit down. you but on the other hand, no, bec
but this is a weird one because this tax works the opposite of many other taxes in that it only taxes you up to $113,000 of income. above that, you don't have to pay the social security piece of the fica tax. it hits those people at the bottom on a percentage basis more than other taxes do. that's why people are having a little bit after head scratcher here, trying to figure out what the impact is, sue. >> yeah, eamon, no one is happy about it. and jane has that story live for from...
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Jan 16, 2013
01/13
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it is within our reach to reduce taxes. it is within our reach to lead in job growth and energy independence. it is within our reach to balance our budget and meet the needs of our people. our place, kan., must show the path, the difficult path for america to go in these troubled times. .. the and >> we and shannon >> thank you. >> that was governors sam brownback with the state of the state address. we now go to senator anthony headley for the democratic response to enact we have been talking that the string that we have time. we have talked about how i have a dream. we will somehow realizes principles and the declaration of independence. i think he was just inspired by that moment. >> sunday on "after words", clairborne carson recalls his march on washington. it is part of three days of the tv this weekend on monday featuring authors and books from the inauguration. president obama, and martin luther king jr. >> every weekend latest nonfiction authors and books are featured on booktv. you can see past programs and schedul
it is within our reach to reduce taxes. it is within our reach to lead in job growth and energy independence. it is within our reach to balance our budget and meet the needs of our people. our place, kan., must show the path, the difficult path for america to go in these troubled times. .. the and >> we and shannon >> thank you. >> that was governors sam brownback with the state of the state address. we now go to senator anthony headley for the democratic response to enact we...
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Jan 15, 2013
01/13
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CSPAN2
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eye 98
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let me ask you about tax reform. he told "politico" last week that a balanced approach are facing sequester with spending cuts and revenue should accelerate tax reform and i believe it's fully possible this year for work on a bipartisan basis, unquote. how does that square with the people who say tax reform is going to lose out because of scheduling and it's asinine anemones sequestering house republicans concern that if they do anything on tax reform that they may leave themselves open to the senate not taking action and therefore have taken an unpopular vote for no reason. why are you optimistic on tax reform? >> first of all, we have to resolve this debt crisis in terms of sequestration in the full faith and credit of the u.s. in the next six weeks. we are going to accomplish tax reform in the next six weeks. so we have a deadline but i think cannot be simply be moved for what we need to do in the next six weeks. and so, that will leave us adequate time to tackle longer range problems. we are not going to accompli
let me ask you about tax reform. he told "politico" last week that a balanced approach are facing sequester with spending cuts and revenue should accelerate tax reform and i believe it's fully possible this year for work on a bipartisan basis, unquote. how does that square with the people who say tax reform is going to lose out because of scheduling and it's asinine anemones sequestering house republicans concern that if they do anything on tax reform that they may leave themselves...
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Jan 13, 2013
01/13
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CSPAN2
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one clue is the subsidies that you could get for the import of tax-free tobacco and alcohol to benefit goods causes such as the red cross. this was profitable and, therefore, of interest. it's even a science fiction story, because what we're doing here really when you come right down to it is the meeting of two alien civilizations after 70 years of the soviet period. the oil industry, in particular, grew up in almost complete isolation from the waste, and this is virtually a unique place. we have other places where oil industries are run by national oil companies, but in almost every case -- in fact, in every case, these industries were first founded by foreigners and then were taken over. not so in the case of russia where from the 1920s on at any rate for all practical purposes the oil industry was home grown and developed its own culture, its own civilization even as the soviet union did with its own language and its own culture. i sometimes like to tell my classes that the story of russia in the 20th century is very much that of a people that decided that capitalism didn't work, so
one clue is the subsidies that you could get for the import of tax-free tobacco and alcohol to benefit goods causes such as the red cross. this was profitable and, therefore, of interest. it's even a science fiction story, because what we're doing here really when you come right down to it is the meeting of two alien civilizations after 70 years of the soviet period. the oil industry, in particular, grew up in almost complete isolation from the waste, and this is virtually a unique place. we...
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Jan 18, 2013
01/13
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LINKTV
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the list was intended to help greeks recoup tax revenue. it could reap political crisis instead. >> australia's most notorious outlaw and folk hero will finally get a funeral. that is 152 years after he died. his descendants held a memorial service on friday. his remains will be buried without his skull, which is believed to have been stolen. he was hanged in 1884 killing three policemen. he was buried in an unmarked prison grave. his remains were only identified two years ago. there has been a sharp rise in the number of murders in the mexican capital in the last few weeks. the government says it is part of normal trend. the others say the drug gangs have begun fighting for parts of mexico city. >> this is one of the most violent neighborhoods in mexico city. police are stopping vehicles to look for weapons and contraband. the surge in violence in mexico city has some business leaders openly questioning if that means the drug cartels are operating in fighting for turf in the capital. that is something the mayor of mexico city denies. he sa
the list was intended to help greeks recoup tax revenue. it could reap political crisis instead. >> australia's most notorious outlaw and folk hero will finally get a funeral. that is 152 years after he died. his descendants held a memorial service on friday. his remains will be buried without his skull, which is believed to have been stolen. he was hanged in 1884 killing three policemen. he was buried in an unmarked prison grave. his remains were only identified two years ago. there has...
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Jan 13, 2013
01/13
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CSPAN2
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that's about 6 billion in tax breaks, and about 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and that hurts low income americans. we brainwash our children to think that green is good, and think uncritically about green product and green jobs. and yet we can't even define what a green job is. let's start with green jobs. the bureau of labor statistics has five definitions of the three-point 1 million green jobs that it has counted. namely energy from renewable sources, energy efficiency, energy pollution reduction and removal, natural resource conservation, and environmental compliance, education, and training, and public awareness. when i was testifying on capitol hill before the house energy and commerce committee, they had a paper cup in front of me. often they just have a bottle of water, but this time they had a bottle of water and a paper cup. and a paper cup said -- power to save energy on the other side. so since this cup fit the definition of education, training and public awareness, the workers who made it h
that's about 6 billion in tax breaks, and about 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and that hurts low income americans. we brainwash our children to think that green is good, and think uncritically about green product and green jobs. and yet we can't even define what a green job is. let's start with green jobs. the bureau of labor statistics has five definitions of the three-point 1 million green jobs that it has counted. namely energy...
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Jan 15, 2013
01/13
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CSPAN2
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eye 124
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the carbon tax. the carbon tax is a broad-based tax that does not in fact have to have a big impact on consumers. it could be placed on electric utilities, something they avoid by moving to clean energy so they don't have to pay it. but if we had the carbon tax it would help close the deficit and would be a stimulus the utilities to move to clean argue. that's the second idea. the third, many states now are following the lead of connecticut, the first state to have the state green bank that couples with the private sector in finances for solar or electric utility grid rebuilds or energy efficiency members. let's have the federal government loan money to state green banks at the extraordinarily low rate. these are a handful of different ways to provide the financing support and the tax policy support for massive private investment. >> host: are we going achieve some of the goals in the politics of abundance, what the role of the sec. the sec can take the lead on a handful of topics and should provide
the carbon tax. the carbon tax is a broad-based tax that does not in fact have to have a big impact on consumers. it could be placed on electric utilities, something they avoid by moving to clean energy so they don't have to pay it. but if we had the carbon tax it would help close the deficit and would be a stimulus the utilities to move to clean argue. that's the second idea. the third, many states now are following the lead of connecticut, the first state to have the state green bank that...
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Jan 16, 2013
01/13
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CSPAN2
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we already took a step in that direction in the tax reform bill that we pass the tax bill, the so-called p's provision. we have to look at it better. there's a proposal, and where's the budget? well, the president had in budget proposals a 28% limit on deductions itemized deductions, and i think we need to look at that, but carefully, charitable contributions, for example, mortgage interests, state and local taxes so that's a major area and the president proposed essentially $600 or $700 billion in ten years from that areament i don't think we can now obtain that much even if we adopt the president's 28% limit, but -- >> host: why not? >> guest: why not? because i think we have to look at the impact on charitable contributions. most -- half of the charitable contributions in the country, a lot of us, most contribute something, but a lot comes from the very wealthy. i think we need to be careful we don't come too -- come down too hard -- >> host: we need more coffee. >> guest: we have to look at that, and, also, let me mention interest. most viewers probably don't know what carrieded inte
we already took a step in that direction in the tax reform bill that we pass the tax bill, the so-called p's provision. we have to look at it better. there's a proposal, and where's the budget? well, the president had in budget proposals a 28% limit on deductions itemized deductions, and i think we need to look at that, but carefully, charitable contributions, for example, mortgage interests, state and local taxes so that's a major area and the president proposed essentially $600 or $700...
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Jan 21, 2013
01/13
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FOXNEWS
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obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a
obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to...
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Jan 18, 2013
01/13
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CSPAN
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eye 113
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type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked about in his fair well address 52 years ago this week. from our twitter page there is this from one of our viewers -- rick is joining us from maryland democrats line. good morning. caller: good morning. i think the government should be a part of our life, because without the government all these millionair
type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across...
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Jan 17, 2013
01/13
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CSPAN2
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of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise revenue, that is a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things when you talk about the specifics and the fact we need to deal with the mortgage deduction for state and local taxation then capping the discretionary you don't have to talk about a single specific policy. taxing the 1% is easy even if you are the 1% its current take more of that to fix the problem. now it's the hardest part so it's how we are going to unravel the next steps. clearly the next piece is going to have to focus on entitlement reform that's the biggest tax. we have to reaction moments coming up next months, the sequester that the extended for two months and it has broad base across-the-board spending cuts which is a wrong way to do policy. we are dealing with a tough recovery we want to phase in all these gradually and pick and choose and policy makers to pic
of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise revenue, that is a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things when you talk about the specifics and the fact we need to deal with the mortgage deduction for state and local taxation then capping the discretionary you don't have to talk about a single specific policy. taxing the 1% is easy even if you are the 1% its...
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Jan 19, 2013
01/13
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CSPAN2
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eye 116
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the real worry is the moment forget last, which is why when you tax or the supreme court can't think of a religiously doable and what you need to get done. those three don't all line up and you can't lose this moment in time because you eventually get supreme court you're going to get this too. the most important things you need from law enforcement community is about unchecked, limitation on the assault clips. so that to me, plus i would also do a soul fans. he focused on not because he's the three through to the supreme court, not just congress. i will say the cops program passed under bill clinton, which put 100,000 community policing is a program scaled back. steve having designed the program, close to three years and how they keep that on the program. [inaudible] >> every city except chicago. >> to add to that, how do you keep the national dialogue going? how is it not just become a kind of street fight in the house of representatives and the nra? >> i'm not sure you're going to avoid a fight. when you see this coming to talk about where you grew up. there is a difference betwee
the real worry is the moment forget last, which is why when you tax or the supreme court can't think of a religiously doable and what you need to get done. those three don't all line up and you can't lose this moment in time because you eventually get supreme court you're going to get this too. the most important things you need from law enforcement community is about unchecked, limitation on the assault clips. so that to me, plus i would also do a soul fans. he focused on not because he's the...
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Jan 19, 2013
01/13
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CSPAN
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federal government would see $4.5 billion in more tax revenue over the next three years." we knew that creating a path for citizenship would also help create a path away from the fiscal cliff. so let us make 2013 the year. immigrants do not deserve half a handshake. they deserve a full embrace. mark the land of opportunity for some with the land of opportunity for all. we may come from different backgrounds, speak different languages, and worship in different ways. but all of us are pursuing the same american dream. it is a dream that brought my grandfather to mexico to los angeles one century ago. he had very little money. even less english. but he had an unshakable faith and a relationship between the hard work and the war. he left mexico because the country was too divided. there was just a rich and poor. my grandfather did not believe that birth was destiny. he believed that where you were born should not determine where you end up. that is why he came to america. in 2013, let us raise our voices above the partisan den andbring a message of hope and promise to our fell
federal government would see $4.5 billion in more tax revenue over the next three years." we knew that creating a path for citizenship would also help create a path away from the fiscal cliff. so let us make 2013 the year. immigrants do not deserve half a handshake. they deserve a full embrace. mark the land of opportunity for some with the land of opportunity for all. we may come from different backgrounds, speak different languages, and worship in different ways. but all of us are...
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Jan 21, 2013
01/13
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FOXNEWSW
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obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a
obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to...
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124
Jan 19, 2013
01/13
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FOXNEWSW
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eye 124
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obama demands th pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a polit
obama demands th pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by...
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Jan 14, 2013
01/13
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FBC
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corporate tax rate and income personal tax rate. we have the man who crafted the plan here with more details. interesting. >> that fits me, but how does that get offset? >> there you did. there you go. >> okay. updated on the markets like we do every 15 minutes. nicole, we have bank earnings out this week. how are broader markets doing? >> a lot going on. friday, the dow went over the unchanged line 50 times, today, no different, back and forth action. the dow is gaining five points, but the nasdaq and s&p both pulling back some, and, of course, the nasdaq weighed down by apple, and let's get financials up for you. today is a weak day of earnings, and names in focus like goldman, bank of america, citi group, and morgan stanley. the group ran up over 26% in the last year, and the estimates have come down considerably from sector to sector so this group, obviously, estimates trimmed to a certain extent. back to you. >> thank you, nicole. president obama addressed the nation on the looming debt ceiling warning a debt crisis could occur
corporate tax rate and income personal tax rate. we have the man who crafted the plan here with more details. interesting. >> that fits me, but how does that get offset? >> there you did. there you go. >> okay. updated on the markets like we do every 15 minutes. nicole, we have bank earnings out this week. how are broader markets doing? >> a lot going on. friday, the dow went over the unchanged line 50 times, today, no different, back and forth action. the dow is gaining...
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Jan 18, 2013
01/13
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CNBC
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in 1937 as we were coming out of depression, the government tightened fiscal policy, raised taxes and the fed raised rates and created a second downturn. this is what ben bernanke has studied his whole life and this is the mistake he refuses to make. >> jeff, wouldn't that be a mistake? i mean, isn't part of the equation that we're not talking about, demand? yes, there's a lot money out there and it's very cheap right now but the demand for that money is what's keeping the inflation lower right now, isn't it? >> i would tell you, yeah, i mean, the demand i guess is certainly the issue that he's trying to stimulate here, but i just don't know how you stimulate it by continuing to just devalue the united states currency. >> let me stop you there, jeff, because that hasn't happened. >> yes, it has. >> by what measure? >> if you look at the dxy, down 11% since qe started. >> okay. if that was also part -- if you read all. fed's and all of ben bernanke's literature on how to attack deflation and reflate, part of it is gently devaluing the dollar. competitive devaluations going around the w
in 1937 as we were coming out of depression, the government tightened fiscal policy, raised taxes and the fed raised rates and created a second downturn. this is what ben bernanke has studied his whole life and this is the mistake he refuses to make. >> jeff, wouldn't that be a mistake? i mean, isn't part of the equation that we're not talking about, demand? yes, there's a lot money out there and it's very cheap right now but the demand for that money is what's keeping the inflation lower...
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Jan 15, 2013
01/13
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KPIX
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tax refund. guess what you just gave a loan to your uncle sam interest free. so you know what, if you got a big tax refund, you may want to adjust your withholding, it can help your cash flow. and really important, there are tax credits that were extended as part of the fiscal cliff deal. this could help a lot of low to mid income taxpayers defray that increase in payroll taxes. pay attention at tax time. you will find some money. >> good to see you. thank you very much. >> great to be with you. >> still think it's worth getting excited when you get a big tax refund, jill. don't be a buzz kill. >> wait a second. >> don't be a buzz kill. >> when you give interest-free loans -- >> i hear you. >>> we'll hand it over to charlie. >> we want now to show you some performers who are turning the world of modern dance on its side. they do much of their dancing on skyscrapers and cliffs wearing rockclimbing gear. a lesson in their unique art. >> reporter: these are dancers who clearly believe that all the w
tax refund. guess what you just gave a loan to your uncle sam interest free. so you know what, if you got a big tax refund, you may want to adjust your withholding, it can help your cash flow. and really important, there are tax credits that were extended as part of the fiscal cliff deal. this could help a lot of low to mid income taxpayers defray that increase in payroll taxes. pay attention at tax time. you will find some money. >> good to see you. thank you very much. >> great to...
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Jan 20, 2013
01/13
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CSPAN2
tv
eye 116
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colonists were taxed out, fed up, and demanding a sea change in the way their government operated. now, if this sounds like a recap, to some of the rhetoric has been flying across contemporary airwaves, it's little surprise. tough times have always made for tough politics. that there's one significant difference to keep in mind. in 1765, colonists had no hope, however illusory, that the next election or the other party might turn things around. in fact, there were no elections of substance. ultimate authority resided with the king and parliament. when colonists complained that the political leaders were out of touch, it was not a rhetorical flourish. no taxation without representation would ultimately become the rallying crime that provoked a war against the most formidable military power on earth. given our current sorry economic circumstances, we could also remember that the executions of our forefathers were made on the half of a desire to forge a nation out of a group of colonies that even then comprised quite disparate interests. planters, farmers, merchants, slaves, indenture
colonists were taxed out, fed up, and demanding a sea change in the way their government operated. now, if this sounds like a recap, to some of the rhetoric has been flying across contemporary airwaves, it's little surprise. tough times have always made for tough politics. that there's one significant difference to keep in mind. in 1765, colonists had no hope, however illusory, that the next election or the other party might turn things around. in fact, there were no elections of substance....
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Jan 18, 2013
01/13
by
LINKTV
tv
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your contribution is tax deductible. if you want a copy of the tote bag, i look forward to having it sent to you. each one of these has a "democracy now!" logo. under it is as "independent radio and tv news." we are making it available to you if you call 866-359-4334. 866-359-4334. whether you get the "democracy now!" bumper sticker, democracynow.org, whether you get the bumper sticker or you get dinner and a show, $10 or $2,000, what counts is your call. calling in and letting a steady support independent media. what a gift to give us at the beginning of this year 2013. 866-359-4334. 866-359-4334. your call makes a difference. you make it possible for link tv to happen. for folks who live in santa fe, new mexico, i will be there at the end of the month. you can check democracynow.org. the commencement address in may and hampshire college in western massachusetts. keep checking our website as we travel the country, as we continue our silenced majority to wear. your call counts. i will be in ithaca, new york at the end of
your contribution is tax deductible. if you want a copy of the tote bag, i look forward to having it sent to you. each one of these has a "democracy now!" logo. under it is as "independent radio and tv news." we are making it available to you if you call 866-359-4334. 866-359-4334. whether you get the "democracy now!" bumper sticker, democracynow.org, whether you get the bumper sticker or you get dinner and a show, $10 or $2,000, what counts is your call. calling...
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Jan 20, 2013
01/13
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MSNBC
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. >> stop cap and tax! stop cap and tax. >> meanwhile, across the country, a new political force was mobilizing, the tea party movement, who aimed to push the government further to the right. >> stop spending money, now. >> in the 2010 midterm elections, the republicans, many backed by the tea party, won the house and weakened the democrats in the senate. most of these freshman came to washington now, not to meet and negotiate, but to demolish a government they saw as bloated, rotten, tyrannical. >> the reason we came here, the new freshman are here, is because the american people said, enough. >> can you hear us now? can you hear us now? >> sometimes the opposition to the president took an uglier, even racist tone. false claims first heard during the campaign reemerged, questioning obama's religion, denying he was born in the country. >> he is not an american citizen! he is a citizen of kenya! >> did it surprise you that at this point in our history, they would try to de-americanize this guy? did it surpri
. >> stop cap and tax! stop cap and tax. >> meanwhile, across the country, a new political force was mobilizing, the tea party movement, who aimed to push the government further to the right. >> stop spending money, now. >> in the 2010 midterm elections, the republicans, many backed by the tea party, won the house and weakened the democrats in the senate. most of these freshman came to washington now, not to meet and negotiate, but to demolish a government they saw as...
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Jan 21, 2013
01/13
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FBC
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peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business exclusive interview is forex.com senior currency strategist. welcome. currency markets are moving today. currency is a bit of great interest with regards to the european currencies and there's japan. big meeting today, bank of japan, more concern about deflation in that country, what is your reading right now on the country of japan and the yen in particular? >> they have been taking some pretty extraordinary measures over the past to months or so -- past two months or so. been very very aggressive in terms of easing the japanese yen. he believes that's going to be the major thing to tu
peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a...
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Jan 14, 2013
01/13
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FOXNEWSW
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he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver bullet and there's no, as one of my friends said, no seat belt to put on to assure you will not be in this circumstance again. i'm going to be submitting to the president i think a proposal as to how to proceed. i'm shooting for tuesday, hope i can get it done by then. >> megyn: and the hits on the tape how it came to us. the vice-president talking the gun proposal, no silver bullet, but shooting for tuesday, the recommendations. thoughts on that, chris? >> we're grateful to vice-president biden, we're grateful to vice-president biden, all
he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver...
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Jan 15, 2013
01/13
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CSPAN
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tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators, all of these talking about cutting entitlements the social security and i'm 85 years old. i started paying in when i was 15 years old working on the power line in west virginia. that is my home state. it is so corrupt, social security. they need to get these doctors and lawyers off and encourage people to go one social security and disability. host: on twitter. james in new york, republican. caller: hello. presently i'm still waiting for insurance, which i pay a premium on, from 7sandy. fema is out of money and i think they will vote this morning to do ad to the people who'd pre
tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators,...
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Jan 15, 2013
01/13
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FOXNEWSW
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if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like his idea. there are a few other things by the way that weren't mentioned i. think something that is really critical is the overall country has been in a bunker men taplt whic mentality. which is natural. we need to get into a progrowth mentality. states that exist only to feed into the welfare society that removes the needle, that's why our gdp hasn't moved. these are gdp policies. businesses hire more people, invest in plants, it encourages work. right now we have a scenario where work is sort of discouraged and moving up in the workforce is discouraged. if you make less than $50,000 you almost would
if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like...
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Jan 16, 2013
01/13
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KNTV
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second look, there's a lot of messed-up tax returns out there. people bring in old tax returns, and i'm like, "who did this to you?" you have a return. bring it in; i'll look at it for free. i'll go back three years. i'm going to get you every single deduction out there. get your free second look from h&r block now. ♪ [ cheers and applause ] >> steve: ladies and gentlemen, everything you're about to hear is 100% true. it's time for "true facts of truth." [ cheers and applause ] ♪ >> jimmy: before doors were invented, people just walked through walls. [ light laughter ] >> albert einstein was great at math but even better at angry birds in space. [ laughter ] >> jimmy: george monopoly invented one of the most popular board games of all time -- chutes and ladders. [ laughter ] >> the word banana is latin for penis fruit. [ laughter ] >> jimmy: most males have lisps, but it doesn't matter because they never talk. [ laughter ] >> the tuba can only be played if a very fat man is walking nearby. [ laughter ] [ cheers and applause ] >> jimmy: winston churchill was the first man to say -- [
second look, there's a lot of messed-up tax returns out there. people bring in old tax returns, and i'm like, "who did this to you?" you have a return. bring it in; i'll look at it for free. i'll go back three years. i'm going to get you every single deduction out there. get your free second look from h&r block now. ♪ [ cheers and applause ] >> steve: ladies and gentlemen, everything you're about to hear is 100% true. it's time for "true facts of truth." [ cheers...
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Jan 18, 2013
01/13
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CSPAN2
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tax base. without taxes best of services. you may hate taxes, you may never want to pay taxes, but the bottom it is for governments in the united states, for local and state governments without tax revenue, you cease to fight essential services, right? develop the tools to give them how to look at the resiliency of the tax base and their exposures. understand after disaster is much easier to make big financial changes. but in small incremental changes, how do you look at decisions you're making to say that if something happened, our tax base is resilient enough we can survive. or we are so exposed to this that if it happens, we need to understand what those consequences mean. and so the issue about rebuilding affordable housing, maybe is not a good idea to rebuild it with their most affordable at. but you can't zone and out of your community. this is one of the things we've seen is what i call the benign neglect, where local officials have areas of poverty and in the disaster they say that's pr
tax base. without taxes best of services. you may hate taxes, you may never want to pay taxes, but the bottom it is for governments in the united states, for local and state governments without tax revenue, you cease to fight essential services, right? develop the tools to give them how to look at the resiliency of the tax base and their exposures. understand after disaster is much easier to make big financial changes. but in small incremental changes, how do you look at decisions you're making...
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Jan 14, 2013
01/13
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CSPAN
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 15, 2013
01/13
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CSPAN
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i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care, or a scientist to shut down lifesaving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and our schools, invest in our workers' skills, or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone
i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision...
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Jan 16, 2013
01/13
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CNNW
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obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we go just leave me with an overview of how you feel this has gone tonight. >> listen, it's been a good discussion. but something has to happen. and i hope the president takes a very strong measure tomorrow and i hope congress has the courage to back him up with the appropriate legislation. although i have my doubts because their past has not been any indication that they'll take strong action in the future. but i'll try to be optimistic. listen, i've heard a lot of people talk about reality checks. i've been a cop 42 years. i've been to hundreds if not thousands of crime scenes. don't know how many homi
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we...
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Jan 21, 2013
01/13
by
FOXNEWSW
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eye 157
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we started january, 2013, with the biggest tax increase in 20 years, and we have obamacare taxes, 20-some odd of them being phased in, another 500 billion dollars and the president stood up at press conference last week and said, i'm coming for more money and congressional democrats are going to try and help him. >> harris: all right. tom, the president has a speech planned in prime time tonight, that's kind of the pre-address to the big address tomorrow at the inauguration for the public to see and i read in your forbes column today that you said that there's a reason not to watch the president's speech. he's the president. why wouldn't we watch? >> well, i think beyond so help me god, tomorrow's speech isn't going be to be able to telegraph to those 23 million americans who are still out of work that this -- that this administration really cares about pro growth policy. if your a going to double down on spending and you're going to double down on increasing taxation and ultimately expand the box of the people who are going to be paying for this government, you're not going to be hel
we started january, 2013, with the biggest tax increase in 20 years, and we have obamacare taxes, 20-some odd of them being phased in, another 500 billion dollars and the president stood up at press conference last week and said, i'm coming for more money and congressional democrats are going to try and help him. >> harris: all right. tom, the president has a speech planned in prime time tonight, that's kind of the pre-address to the big address tomorrow at the inauguration for the public...